Californians could face ‘double taxation’ with state, federal carbon taxesSubmitted by emalvini on Mon, 12/10/2012 - 22:29
Californians could face ‘double taxation’ with state, federal carbon taxes
By Michael Bastasch
10:12 PM 12/09/2012
Last month, environmentalists cheered as California launched a cap-and-trade program, but talks of a federal carbon tax raised concerns about double taxation.
The San Francisco Chronicle reports that while the chances of a federal tax on carbon emissions being adopted are still remote, California state officials are worried enough to have started discussing the prospect.